EIN 59-0624458

University of Miami (UM)

IRS 501(c) type
501(c)(3)
Num. employees
28,823
State
Year formed
1925
Most recent tax filings
2023-05-01
Description
The University of Miami’s (UM) mission is to educate and nurture students, to create knowledge, and to provide service to their community and beyond.
Also known as...
Anne Bates Leach Eye Hospital
Total revenues
$5,921,562,389
2023
Total expenses
$5,495,599,586
2023
Total assets
$7,027,102,373
2023
Num. employees
28,823
2023

Program areas at UM

See Schedule OInstruction, academic support, student services:The University of Miami (UM) is a private not-for-profit institution with more than 19,000 students. The University's 12 colleges and schools offer the following degree options: 141 bachelors, 139 masters, and 67 doctoral (62 research/scholarship and 5 professional practice).The School of Architecture, founded in 1983, offers accredited professional undergraduate and graduate degrees in architecture and several post-professional graduate degrees. Programs include the professional Bachelor of Architecture (B.Arch) and the Master of Architecture (M.Arch); the post-professional Master of Science in Architecture (M.S.Arch) with 6 different tracks; the Master of Urban Design (M.U.D); the Master of Construction Management (M.C.M)/ Executive Master of Construction Management (E.M.C.M), the Master of Professional Science in Urban Sustainability and Resilience (MPS), and the Master of Real Estate Development and Urbanism (M.R.E.D.U.), an interdisciplinary one-year graduate program that draws on the real-life experience of Developers-in-Residence and faculty support from the Schools of Business Administration and Law as well as Architecture. The Master of Science in Data Science combines the teaching domain-specific and technical skills for analyzing large data sets.The College of Arts and Sciences enrolls over 4,400 undergraduate and 640 graduate students in 21 departments and 14 interdisciplinary programs. Seventeen departments offer graduate degrees in the fine arts, natural sciences, humanities, and social sciences.The College of Engineering comprises 5 departments that offer degrees in aerospace, architectural, biomedical, civil, computer, electrical, environmental, industrial, materials, and mechanical engineering. The College of Engineering offers five-year B.S./M.S. degree programs for our undergraduates, as well as traditional master's and doctoral degrees in a number of disciplines, with several specializations in several fields. Consistent with the tradition of collaboration among the University of Miami schools and colleges, engineering students participate in a number of interdisciplinary programs as well as joint research projects with other academic units at UM. Consisting of over 800 undergraduate students and over 250 graduate students, the College boasts an impressively diverse student body, consisting of students from 45 different countries. At the undergraduate level, 32.2% of the student population is Hispanic and 8.9% is Black. Females represent 37% of the students (15% higher than the national average, according to the most recent statistics from the American Society for Engineering Education).The School of Law presently enrolls over 1,300 candidates for either J.D., LL.M. or dual degrees, and has over 22,000 living alumni worldwide. The J.D. program enrolls over 1,100 students from more than 118 undergraduate institutions. Of the entering J.D. students, approximately 56% are women, 55% are students of color, and 51% have been out of undergraduate school one year or more. The students are from 34 states plus DC, PR and 24 countries. 65% speak one or more foreign language. The School offers graduate programs in the areas of International Law, International Arbitration, Maritime Law, Entertainment, Art and Sports, Business, Constitutional Law, Criminal Law, Environment, Family, Health Care, Human Rights, Immigration, Intellectual Property, Litigation Arbitration and Dispute Resolution, Social Justice and Public Interest, Technology Law, Estate Planning, Taxation, Taxation of Cross Border Investments, and Real Property Development, the latter 2 offer courses online as well as on-campus. The School also offers several joint degree programs. The law school offers a J.D./Master's in Music Industry, J.D./M.A. in Live Entertainment Management, J.D/M.A in Communications, and J.D/M.A. in Latin American Studies. In addition, the School offers a J.D./M.B.A., J.D./M.Acc, J.D./M.P.S. in Marine Ecosystems and Society, J.D./M.P.H. in Public Health, J.D./M.S. Ed. in Law, Community and Social Change, J.D./M.D., J.D./M.H.A-Health Administration, J.D./LL.M. in Tax, International Law, Maritime Law, Estate Planning, International Arbitration, or Real Property Development, and Entertainment, Arts and Sports Law, and a J.D./M.B.A./LL.M. in Tax, Real Property Development or Estate Planning. The School has been ranked as one of the "20 Most Innovative Law Schools" by Pre-Law Magazine, and received an "A" in 7 areas of study in 2023. Its alumni are regularly featured in Super Lawyers Magazine. Miami Law was number 8 in numbers of Super Lawyers in 2023.The Leonard M. Miller School of Medicine has grown rapidly in both size and reputation, earning international acclaim for research, clinical care, and biomedical innovations. Approximately 834 medical students are joined by over 1,000 residents and fellows, about 700 graduate students and around 200 postdoctoral fellows, and we have one of the largest graduate medical education systems in the country. Along with the M.D. degree, the school offers a combined M.D./Ph.D. program, a 4-year and 5-year M.D./M.B.A. program, a 4-year and a 5-year M.D./M.P.H. program and 4-year M.D./M.S. in Genomic Medicine, a 6-year M.D./J.D. program, a 4-year M.D./M.A.I.A in International Administration program, a 4-year M.A. in Medical Humanities and Bioethics program, a 4-year M.D./Certificate in Security Management program, multiple scholarly pathways of emphasis, graduate degrees in ten areas, postdoctoral programs, and continuing medical education courses.
See Schedule OHealth Care:Located north of downtown Miami near the Civic Center in the Miami Health District, the Leonard M. Miller School of Medicine's campus consists of approximately 70-acres of owned and leased land within the 153-acre University of Miami/Jackson Memorial Medical Center complex. Each year the University of Miami Health System's nearly 1,800 providers and scientists represent more than 100 specialties and subspecialties with outcomes that are among the best in the nation. The health system is comprised of Sylvester Comprehensive Cancer Center, Bascom Palmer Eye Institute, and UHealth Tower, operating within UMHC. UHealth is ranked among the best hospitals in Florida by U.S. News & World Report Best Hospitals. Sylvester Comprehensive Cancer Center is the only cancer center in South Florida designated by the National Cancer Institute. Bascom Palmer has been recognized as the number one eye hospital in the country for 22 years by U.S. News & World Report in its annual "America's Best Hospitals" issue. In addition to the three University-owned hospitals, there are also three primary hospitals affiliated with UHealth: Jackson Memorial Hospital, the primary teaching hospital for the medical school; Holtz Children's Hospital; and the Bruce W. Carter VA Medical Center. There are also about three dozen UHealth outpatient clinics across Miami-Dade, Broward, Palm Beach, and Collier counties. The Lennar Foundation Medical Center, located in Coral Gables, opened in 2016. The 206,000-square-foot diagnostic and treatment center provides the local community more convenient access to world-class medical care provided by UM physicians and specialists. It has been recognized as a national benchmark by Press Ganey and has been awarded the Pinnacle and Guardian of Excellence Awards each year since it opened.
See Schedule OResearch and Public Service:UM has been classified by the Carnegie Commission as a Doctoral University with Highest Research Activity. The School of Architecture's areas of focus include Urban Design, Planning & Real Estate Development, Construction Management, Technology and Computation, Coastal Resilience, Health and the Built Environment, Historical Preservation and Adaptive Use, Classical and Traditional Design, Housing and Hospitality Design, Building in the Caribbean, Latin America and the Tropical World, Architectural History, and Theory. Faculty and students are actively engaged in interdisciplinary research with numerous schools including the Miller School of Medicine, The Leonard and Jayne Abess Center for Ecosystem Science and Policy and the Center for Humanities. The College of Arts and Sciences provides numerous community outreach activities, including student musical theatre productions at the Jerry Herman Ring Theatre and Alvin Sherman Family Stage; student, faculty, and visiting artist exhibitions in the Wynwood Gallery in the design district of downtown Miami; faculty curated exhibitions at the Lowe Art Museum; lectures and other educational programs sponsored by the Center for the Humanities, and the Miami Institute for Advanced Study of the Americas; volunteer activities in the public schools, hospitals and community clinics for developmentally disabled children; technology workshops for Miami-Dade public school teachers sponsored by the Department of Modern Languages Laboratory; and a series of programs, hosted by several departments and funded by various federal agencies and private foundations, to enhance the diversity of students pursuing scientific careers through research opportunities for pre-college and undergraduate students; and career development opportunities for high-school and community-college faculty.The School of Law offers externship programs and foreign exchange programs in Argentina, Belgium, Brazil, Chile, China, Colombia, France, Germany, Hong Kong, Ireland, Israel, Italy, Panama, Spain, and Switzerland. The School's award-winning clinics, focusing on different areas of the law, offer exceptional training grounds and give students practical, hands-on lawyering while also helping needy and underrepresented individuals. The School is also home to LawWithoutWalls (LWOW), an innovative academic model that brings together students, faculty, practitioners, and entrepreneurs from around the country and the world to explore innovation in legal education and practice.The Rosenstiel School of Marine & Atmospheric Science is one of the leading oceanographic research and education institutions in the nation. Known originally as the University's marine laboratory, it was founded in 1943. It evolved into the Institute for Marine Science in 1961, and eight years later became the Rosenstiel School of Marine & Atmospheric Science (RSMAS) within the University of Miami. In 2022, its name was expanded to Rosenstiel School of Marine, Atmospheric & Earth Science to better reflect its breadth and depth as it has grown to include studies of earth's geology in addition to its atmosphere and oceans. The Virginia Key campus has grown to include modern research and teaching facilities, a dedicated academic library, and an internationally recognized Marine Invertebrate Museum. RSMAS also operates a state-of-the-art 96-foot catamaran research vessel, the F.G. Walton Smith. In 2014, RSMAS added to its fleet of specialized research vessels a one-of-a-kind Helicopter Observation Platform (HOP), a flying scientific laboratory equipped with state-of-the-art technology and scientific instrumentation, which provides scientists with a unique capability to obtain vital information on environmental processes and mechanisms that affect our climate and impact human health. RSMAS includes a freshwater Scientific Dive Pool. It plays a critical role in providing necessary scientific diving instruction to participants in our science programs and research projects. The facility allows scientists and students to gain a deeper understanding of the marine environment and coral reefs. CSTARS (Center for Southeastern Tropical Advanced Remote Sensing), located on the Richmond campus in south Miami-Dade county was launched in 2003, and conducts research with remotely sensed data received from earth-orbiting satellite systems. This state-of-the-art real-time reception and analysis facility provides data for environmental monitoring. The predictive power concentrated on this 78-acre campus is helping to provide vital, life-saving information regarding earthquakes, hurricanes, typhoons, freak waves and other natural and manmade disasters, including monitoring of the earthquakes in Haiti and Chile, and oil spills.The Leonard M. Miller School of Medicine has been designated a Center for AIDS Research (CFAR) in Florida, and is leading the University's prestigious Clinical and Translational Science Institute (CTSI), awarded by the NIH. Other clinical and research programs include the John P. Hussman Institute for Human Genomics, the Interdisciplinary Stem Cell Institute, the Dr. John T. Macdonald Foundation Biomedical Nanotechnology Institute, the Miami Transplant Institute, The Miami Project to Cure Paralysis, the Diabetes Research Institute, the Mailman Center for Child Development, and many more.
Expenses primarily represent auxiliary enterprises, including intercollegiate athletics, parking, student housing and student dining. Other program services revenues primarily represent auxiliary enterprises revenue, investment income, and investment losses.

Grants made by UM

GranteeGrant descriptionAmount
Henry M Jackson Foundation For The Advancement of Military MedicineResearch$5,073,205
Columbia UniversityResearch$3,633,909
Emory UniversityResearch$3,485,919
...and 152 more grants made totalling $47,777,641

Who funds University of Miami (UM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Atlantic Coast ConferenceAllocation of General Support$43,767,525
Greater Miami Jewish FederationGeneral Support$25,407,680
Florida Essential Healthcare Partnerships Foundation$22,168,000
...and 300 more grants received totalling $166,061,849

Personnel at UM

NameTitleCompensation
Joseph James EchevarriaChief Executive Officer$1,779,669
Dipen J ParekhChief Operating Officer of Uhealth and Professor$3,379,451
Jacqueline A TravisanoExecutive Vice President and Chief Operating Officer$1,046,855
Brandon Eric GillilandVice President and Chief Financial Officer
Charmel MaynardAssociate Vice President, Chief Investment Officer, and University
...and 23 more key personnel

Financials for UM

RevenuesFYE 05/2023
Total grants, contributions, etc.$935,249,250
Program services$4,871,986,919
Investment income and dividends$98,140,762
Tax-exempt bond proceeds$24,939
Royalty revenue$5,136,826
Net rental income$2,926,992
Net gain from sale of non-inventory assets$8,474,711
Net income from fundraising events$-372,379
Net income from gaming activities$-6,205
Net income from sales of inventory$574
Miscellaneous revenues$0
Total revenues$5,921,562,389

Form 990s for UM

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-11990View PDF
2022-052023-04-12990View PDF
2021-052022-04-12990View PDF
2020-052021-04-21990View PDF
2019-052021-01-27990View PDF
...and 10 more Form 990s

Organizations like UM

OrganizationLocationRevenue
University of RochesterRochester, NY$5,415,018,869
Vanderbilt UniversityNashville, TN$2,266,404,948
Emory UniversityAtlanta, GA$6,307,404,920
The Trustees of Princeton UniversityPrinceton, NJ$3,611,165,000
Georgetown UniversityWashington, DC$1,922,844,840
Thomas Jefferson University (TJU)Philadelphia, PA$1,666,137,809
Tulane UniversityNew Orleans, LA$1,674,159,000
University of Southern California (USC)Los Angeles, CA$5,119,320,238
University of Pennsylvania (Penn)Philadelphia, PA$9,925,251,000
Columbia UniversityNew York, NY$6,654,842,677
Data update history
August 26, 2024
Received grants
Identified 133 new grant, including a grant for $43,767,525 from Atlantic Coast Conference
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 12 new grant, including a grant for $1,848,968 from Juvenile Diabetes Research Foundation (JDRF)
Nonprofit Types
Grantmaking organizationsSchoolsHigher ed institutionsHospitalsHeadquarter / parent organizations
Issues
HealthEducation
Characteristics
LobbyingFundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
PO Box 248106
Coral Gables, FL 33124
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL
County
Miami-Dade County, FL
Website URL
welcome.miami.edu/ 
Phone
(305) 284-2211
Facebook page
UniversityofMiami 
Twitter profile
@univmiami 
IRS details
EIN
59-0624458
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1925
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0240609
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-11-20
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